Transatlantic talent joins LCH.Clearnet in senior position, joining the board of directors on April 25, with additional responsibility as Chair of the firm's US division LCH.Clearnet today announced that Jill Considine has been appointed to the Board of Directors of LCH.Clearnet Group. Jill will join the Board on April 25, 2014. She will also serve…
Read moreUS-based clients issued with notice that open positions will be liquidated on April 16 at market rate, overseas business to continue and US futures client base to be transferred to Advantage Futures US institutional FX broker and liquidity provider ILQ has announced that it is to cease its entire retail forex business in North America…
Read moreIEX aims to remove high frequency traders’ advantages by introducing 350 ms delay on all orders IEX is gaining momentum with equity traders. Will it also make its way to FX? Conservative risk management of order flow and David Einhorn may well be considered two polar opposites, however the billionaire hedge fund manager has purchased…
Read moreAmerican FX platform provider Molten Markets considers its new solution for fund managers to be the first innovation of its type for 18 years Many concerns have been raised about the transparency of FX execution recently, bringing about a market need for technology firms to keep pace with regulatory change and adapt their solutions accordingly as…
Read moreWill London's institutional sector continue to embrace the ECN model, or will further FX exchanges appear? Institutional FX expert Jonathan Brewer, Head of eFX Sales at Sucden Financial provides a detailed insight LeapRate today spoke to Jonathan Brewer, Head of eFX at Sucden Financial, in order to ascertain his perspective on the best execution model.…
Read moreUK financial services sector set to spend further on technology over next year according to survey by CBI and Price Waterhouse Coopers The cost of operating an FX brokerage has increased significantly over recent times, however the cause of this has been largely due to the omnipresent will of global regulatory authorities to keep pace…
Read moreThe global drive among national regulators to work together toward standardizing trade clearing methodology continues, as the CFTC defers enforcement action against SGX-DC The US Commodity Futures Trading Commission's Division of Clearing and Risk (DCR) issued a time-limited no-action letter to the Singapore Exchange Derivatives Clearing Limited (SGX-DC) on Friday last week, as Singapore readies…
Read moreCorporate demand among Russian companies wishing to do business overseas has led to Sperbank CIS's imminent launch of corporate FX marketplace via open platform Russian financial market participants are portraying an increasing will to provide institutional trading facilities overseas via connectivity of Moscow's executing venues to global liquidity pools, as well as the national government's…
Read moreSoftware company Deltix joins forces with Citi to provide integrated algo-trading solution for research and automated execution of FX Despite the European Parliament's openly adverse view toward algorithmic and high frequency trading (HFT) among institutions across the continent, North America's technology firms and fiscal authorities show no sign of halting their increasing will to refine…
Read moreINTL FCstone Ltd and INTL Global Currencies Ltd are to be placed as one business, based in London INTL FCStone has today announced that it has received authorization from the UK's Financial Conduct Authority to consolidate the entire operations of its two British subsidiaries, which are INTL FCStone Ltd and INTL Global Currencies Ltd, both…
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